Here is today’s major bitch slapping .

It’s in the book :) .

Today I would have to ask…XMSR or Sirius (SIRI)- Would you miss either?

As a long-term non subscriber I could care less if both went away. They are standing in the way of innovation and satellite radio is very 1960.

Today, Wallstrip catches up with the two dog stocks .

Brian gives you the technical look and sums it up quite well, just stay away:

Here was our original Sirius/XMSR merger show:

It’s been a while (October 2006) since I visited two stocks I think go to zero (XMSR and SIRI) . They get less relevant everyday that iTunes and iPods exist. Furthermore, internet services like BlogTalkRadio which are global, open (think NFL network and the 60 year old Howard Stern whitelabelling this service and controlling it for themselves), interactive and free should long survive the satellite radio guys, which is exciting because I am an investor :) .

Lot’s of things we love die…but satellite radio is one that has been on dumb investor life support forever. The government cares way too much as well about these awful businesses as well . Their management’s have run the businesses like drunken sailors. While nerds complain about a Web 2.0 bubble, more money has been pissed away building out these two turdish models than all of Web 2.0 combined.

I remember when I conducted the first CAR on the street interview with Lindsay:

All-Time Lows is a concept I have been pushing for at Wallstrip because it is just as important to help investors spot busted stocks and models and preserve capital as it is to find stocks in positive trends. We have only covered Whole Foods, Sirius/XMSR and Trump, but I want to do more of this soon.

Whole Foods (stock was in mid 40′s when we did the show in November, 2006 and $31 today)

Trump (also an inevitable zero we covered at $6 and change – now at $3 and change):

Some good times and content over the years for sure. Good memories.

As I expected, the title WOULD have been CORRECT if they were talking about price drops for their stocks . Both stocks are down 10 plus percent since the announcement.

They have no chance.

They dont have a growth model and their balance sheets bite. Their mobile solution never worked and iPod’s just won’t be unseated at this point.

The iPhone just made these two companies more irrelevant.

I have warned on these stocks forever and will continue to do so. They need to be liquidated.

Sirius is back over three and that concerns me more than China. This is worthless paper and if it runs, thats my ‘froth’ tell.

Oil is back over $75 and my USO, the oil ETF and dirtbag stock of my portfolio is now strongly profitable.

“All we need is just a little patience…”

Unless you are the CEO’s, Bankers, Lawyers, Oprah or Howard Stern…who cares. Maybe Howard has a loophole and can sneak out and spearhead streaming internet to cars.

They say it will save $7 billion. I say only to spend it in a bad way elsewhere.

These are dinosaurs and for the pure speculators. If the regulators are to do anything, they should force both companies to liquidate and give back something to shareholders before it is too late.

As Wallstrip profiled Electronic Arts , he nailed the ‘Stay Away’ call. He has followed it up with more gems on the Electronic Arts outlook from the deep web .

Today, he has a research post from public web information on Sirius (SIRI).

If you are long or short Sirius, head over.

On the weak side, XMSR and Sirius continue the slow choppy march to ZERO. Both have been chronicled here and are loved on the message boards .

What the hell…

Yahoo – it is so hated by me that I should just fade me and buy it. I may. If they could just integrate their social content with search in a proper and meaningful way…

Nuance (NUAN) – it’s been pretty good to me, but I still think (hope?) it’s best days lay ahead. I want voice recognition.

JetBlue – I hate airline stocks and won’t buy this one because in this industry, it pays to bankrupt yourself, but I am rooting for them.

Sirius headed to zero- It is a crime that this company marks time obliterating shareholder value. They SHOULD merge with XMSR and than liquidate and give shareholders back their pennies now.

Goldman Sachs – SHORT – I won’t or don’t recommend shorting this stock but they are the most leveraged to the “GLOBE” and the most “Organized” crime on the planet so maybe they have a hiccup here in 2007.

Disclosure – Long NUAN